Stripe-Backed Payments Firm Raises $100 Million to Compete Against Stablecoins
Rapyd raised $100 million in a Series C funding round to face off against the arrival of stablecoins.
Carney has argued for a digital replacement to fiat, amid the U.S. dollar’s waning hegemony.
Payments processor Stripe is teaming with some big banks to provide checking accounts and other banking services, according to a report.
John Collison said all approaches to cross-border transactions, including crypto, need to be pursued in "parallel."
The payments processor facilitated millions of dollars of PlexCoin investments before shuttering accounts in September 2017.
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.